Colorado Medical Marijuana Draws Federal Attention

Denver Post –
“As the number of marijuana
dispensaries, and users, has surged across the state, the legislature
has tried to provide some rules for the burgeoning industry.”

The U.S. Attorney for Colorado has warned state lawmakers that
adjusting rules for medical marijuana could very likely draw the
attention of the federal government, leading to an increase in federal
prosecutions. There are two main issues that
are drawing the ire of the feds. The first deals with a state licensed
investment fund for medical marijuana businesses who traditionally have
difficulty securing bank loans because of conflict with federal
regulations. The second issue is a row over state licensing of
“medical-marijuana infused product” facilities with up to 500 marijuana
plants, along with the possibility of granting waivers to license even
larger facilities. Needless to say, any business involved with medical
marijuana in Colorado should seek out sound, expert legal advice before doing anything regarding their business.

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